Toyota and Mazda in Talks to Supply Mazda With Hybrid Technology

Now that Ford no longer holds a significant stake in Mazda, Mazda is needs to have a new source for its upcoming hybrid vehicles. Currently the only Mazda hybrid is the Tribute that borrows its hybrid powertrain from the Ford Escape. Inside sources are now claiming that Mazda is seeking a new partner and is reportedly in talks with Toyota.

The Nikkei business daily is reporting that the two automakers are in the final stages of discussion and that an announcement is expected soon detailing the plan to supply Toyota produced hybrid components to Mazda.

Toyota and Mazda are both denying the talks.

Full Story: Reuters